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max2010maxim [7]
2 years ago
14

At the beginning of the year, a firm had current assets of $121,306 and current liabilities of $124,509. At the end of the year,

the current assets were $122,418 and the current liabilities were $103,718. What is the change in net working capital?
Business
1 answer:
Shtirlitz [24]2 years ago
8 0

Answer:

change in net working capital = $21,903

Explanation:

given data

beginning current assets = $121,306

beginning current liabilities = $124,509

end of the year current assets = $122,418

end of the year current liabilities = $103,718

solution

we get here working capital at beginning that is express as

working capital = Current assets - current liabilities    ......................1

put here value we get

working capital = $121,306 - $124,509  

working capital = -$3203  

and now we get here working capital for end of year that is

working capital = Current assets - current liabilities    ......................2

working capital = $122,418 - $103,718

working capital =  $18,700

so now we can get change in net working capital that is difference between   beginning and ending working capital

change in net working capital = $18,700  - (-$3,203)

change in net working capital = $21,903

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emmasim [6.3K]

Answer:

$950

Explanation:

Calculation to determine what The maturity value of the note is:

Maturity value of the note=$19000*10%*180/360

Maturity value of the note=$950

Therefore The maturity value of the note is: $950

6 0
2 years ago
The tax treatment regarding the sale of existing assets that are sold for their book value results in​ ________. A. a capital ga
zepelin [54]

Answer:

C) no tax benefit or liability

Explanation:

when you sell an asset, you must determine the gain or loss on the transaction and that is calculated by ⇒ sales price - book value

If both sales price and book value are the same, no gain or loss will result. You are taxed only when you have a gain, or you get a tax benefit only if you have a loss, but when the net result is 0, nothing happens.

8 0
3 years ago
Enterprise Free Cash Flows should include which of the following: I. Capital expenditures II. Financing costs III. Taxes IV. Wor
valentina_108 [34]

Answer:

I. Capital expenditures  

III. Taxes

IV. Working capital requirements

Explanation:

Free cash flow = EBIT*(1 - tax rate) + depreciation - changes in net working capital - capital expenditure

5 0
3 years ago
Due to an upwelling of public fear, cities across the country pass laws imposing taxes on and implementing inspections of any bu
Alina [70]

Two options are applicable for the given statement

  • Political-legal
  • General environment

Option A and C

Explanation:

Legal restrictions on a business, as well as public activism for those restrictions, are part of the political-legal dimension of a company’s general environment. These laws are part of the general environment in which Camp Bow Wow operates because these laws affect all businesses which could allow one of these dogs to live on their property (e.g. a dog's outdoor seating restaurant), not just Camp Bow Wow.

Heidi notes that Camp Bow Wow wants "a very strong culture," which consists of various elements, both visible and invisible. It is important to consider all aspects of the community when assessing the match between the culture of an entity and the environment.

4 0
3 years ago
Speedy Bikes could sell its bicycles to retailers either assembled or unassembled.
Feliz [49]

Answer:

Speedy Bikes

a. Incremental Analysis for the sell-or-process-further decision:

                                                       Cost of an              Cost an    Difference

                                                   unassembled bike  assembled bike

                                                     Alternative 1          Alternative 2 Increment

Sales price of unassembled bike      $450                     $495           $45

Manufacturing cost per unit              $290                      $312            (22)

Net operating income                        $160                       $183           $23

b. Speedy should process the bikes further.

c. It will generate an incremental net operating income of $23 per bike.

Explanation:

a) Data and Calculations:

                                                       Cost of an              Cost an

                                                   unassembled bike  assembled bike

Direct materials                                    $150                      $155

Direct labor                                               70                         80

Variable overhead (70% of direct labor) 49                         56 ($80 * 70%)

Fixed overhead (30% of direct labor)      21                          21

Manufacturing cost per unit               $290                      $312

7 0
2 years ago
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